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Income Taxes
3 Months Ended
Apr. 28, 2012
Income Taxes [Abstract]  
INCOME TAXES

11. INCOME TAXES

 

The provision for income taxes is based on the current estimate of the annual effective tax rate adjusted to reflect the impact of items discrete to the thirteen weeks ended April 28, 2012. The effective tax rate from continuing operations for the thirteen weeks ended April 28, 2012 was 43.0% compared to 35.6% for the thirteen weeks ended April 30, 2011.

 

As a result of items recorded on a discrete basis and the low relative level of income for the thirteen weeks ended April 28, 2012, the rate for the quarter is higher than the rate expected for the full year.

 

Cash payments of income taxes made during the thirteen weeks ended April 28, 2012 and April 30, 2011 were approximately $70.1 million and $67.3 million, respectively.